Brief: S2medical Carries Out Rights Issue

S2Medical AB (publ)

16/03/2022 06:23

March 16(Reuters) - S2Medical AB   S2ME.ST :
    * SAID ON TUESDAY, TO CARRY OUT OF ISSUE OF UNITS CONSISTING
OF
SHARES AND WARRANTS WITH PREFERENTIAL RIGHTS FOR EXISTING
SHAREHOLDERS OF ABOUT SEK 30.1 MLN
    * CARRIED OUT WITH AIM OF ENABLING CONTINUED DEVELOPMENT OF
THE
COMPANY'S PRODUCT PORTFOLIO AND EXECUTING THE COMPANY'S
EXPANSION PLANS
    * RIGHTS ISSUE IS GUARANTEED UP TO ABOUT 70%THROUGH
SUBSCRIPTION
COMMITMENTS AND GUARANTEE UNDERTAKINGS
    * SUBSCRIPTION PRICE OF SEK 2.00 PER UNIT 
    * SUBSCRIPTION PERIOD FOR RIGHTS ISSUE IS EXPECTED TO BEGIN
ON
APRIL 22,2022 AND END ON MAY 6, 2022

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr1TC9z6
 Further company coverage: S2ME.ST  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))